701 N Fort Lauderdale Beach Blvd TH3, Fort Lauderdale, FL 33304 — MLS photo

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701 N Fort Lauderdale Beach Blvd TH3, Fort Lauderdale, FL 33304

Active · Townhouse

$1,649,000

701 N Fort Lauderdale Beach Blvd TH3, Fort Lauderdale, FL 33304

Beds
2
Baths
4
Living area
2,408 sq ft
$ / sq ft
$685/sq ft
Year built
2017
Lot size
—
HOA fee
$4,374
Annual tax
—

About this property

NEW PRICING !!! Rarely available townhome at Paramount Residences. Originally designed as a three bedroom plus loft, TH-3 was thoughtfully reconfigured into a two bedroom plus loft, creating a more open layout that enhances space and flow for entertaining. The first level features a bright and open living area, contemporary kitchen, wet bar, full size dining room, and a full bathroom. On the second level, you’ll find the primary suite with a private balcony, along with a guest bedroom with an ensuite bathroom. The level also includes a second wet bar with built in cabinetry for wine and bottle storage. The third level offers a versatile loft space with a full bathroom, providing an owner with the flexibility to create more living/entertaining space, an office, or an additional bedroom with a built-in Murphy bed already in place. The loft leads to a large private terrace . The residence provides two separate entrances, allowing access through the stunning lobby or by private outdoor entry. Paramount offers 5 star amenities such as guest suites, beach service, oceanfront pool, fully equipped gym, and sauna. This sale is in connection with a Bankruptcy Trustee sale and is subject to court approval. The property is being sold “As-Is, Where-Is” with no representations, warranties, or guarantees of any kind, whether expressed or implied, by the Trustee and/or its professionals. Buyers are responsible for conducting their own independent due diligence. Listing is subject to errors and omissions.

Property location

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701 N Fort Lauderdale Beach Blvd TH3, Fort Lauderdale, FL 33304

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Facts & features

Interior

Bedrooms
2
Bathrooms
4
Living area
2,408 sq ft

Exterior & Structure

Property type
Townhouse
Year built
2017

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$4,374
County
Broward
MLS listing ID
A11999771
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$7,782

Cap rate
0.0%
Net yield
0.0%
Cash-on-cash return
-20.2%
Gross yield
6.5%
Mortgage payment
$7,817/mo
Down payment
$412,250
Loan amount
$1,236,750
Annual NOI
$423

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.